Saroraj Chit Funds Private Limited

Manages chit-fund activities with registered office in Tamil Nadu.

1995 | Karur, Tamil Nadu (India) | Active
Last Updated: January 14, 2025

Saroraj Chit Funds Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.30 M
  • Company Age 30 Year, 24 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.89 M
  • Revenue Growth 13.11%
  • Profit Growth 3.51%
  • Ebitda 5.77%
  • Net Worth 14.64%
  • Total Assets 25.46%

About Saroraj Chit Funds

Saroraj Chit Funds Private Limited (SCFPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 February 1995 and has a history of 30 years. Its registered office is in Karur, Tamil Nadu, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.30 M.

The company currently has active open charges totaling ₹2.89 M.

Rajagopal Ramesh, Vidhayasagar Yogesh, Rajagopal Vidhyasagar, and One other member serve as directors at the Company.

Company Details

  • Location

    Karur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65991TN1995PTC030026

  • Company No.

    030026

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Feb 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Saroraj Chit Funds?

Executive Team (1)

NameDesignationAppointment DateStatus
Vidhayasagar Yogesh Country flag representing In Managing Director10-Dec-2018Current

Board Members (3)

NameDesignationAppointment DateStatus
Ramesh Girish Country flag representing In Director 01-Mar-2021Current
Rajagopal Ramesh Country flag representing In Director 02-Feb-1995Current
Rajagopal Vidhyasagar Country flag representing In Director 02-Feb-1995Current

Financial Performance of Saroraj Chit Funds.

Saroraj Chit Funds Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 13.11% increase. The company also saw a slight improvement in profitability, with a 3.51% increase in profit. The company's net worth Soared by an impressive increase of 14.64%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
13.11%
Revenue from Operations
13.73%
Total Assets
25.46%
Profit or Loss
3.51%
Net Worth
14.64%
EBITDA
5.77%

What is the Ownership and Shareholding Structure of Saroraj Chit Funds?

Unlock access to Saroraj Chit Funds's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.89 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 0.28 Cr
  • City Union Bank : 0.01 Cr

Latest Charge Details

DateLenderAmountStatus
18 Dec 2009City Union Bank Limited₹2.80 MOpen
29 Jun 1995City Union Bank₹0.09 MOpen

How Many Employees Work at Saroraj Chit Funds?

Unlock and access historical data on people associated with Saroraj Chit Funds, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Saroraj Chit Funds, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Saroraj Chit Funds's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Saroraj Chit Funds

Recent activity within the organization

  • Annual General Meeting

    Saroraj Chit Funds Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Saroraj Chit Funds Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Ramesh Sabhari Girish was appointed as a Director was appointed as a Director on 01 Mar 2021 & has been associated with this company since 3 years 11 months .

    01 Mar 2021

  • Director Appointment

    Vidhayasagar Yogesh was appointed as a Managing Director was appointed as a Managing Director on 10 Dec 2018 & has been associated with this company since 6 years 2 months .

    10 Dec 2018

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 2.80 M with Charge ID 10193655 was registered on 18 Dec 2009.

    18 Dec 2009

  • Charges

    A charge with City Union Bank amounted to Rs. 0.09 M with Charge ID 90283628 was registered on 29 Jun 1995.

    29 Jun 1995

Frequently asked questions

  • Saroraj Chit Funds Private Limited was incorporated on 02 Feb 1995.

  • The authorized share capital of Saroraj Chit Funds Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.30 M.

  • Currently 4 directors are associated with Saroraj Chit Funds Private Limited.

    • Rajagopal Chettiar Ramesh
    • Vidhayasagar Yogesh
    • Rajagopal Vidhyasagar
    • Ramesh Sabhari Girish
  • As per Ministry of Corporate Affairs (Mca), the registered address of Saroraj Chit Funds Private Limited is 22 Rajaji Street, India, Karur-639001, Tamil Nadu.

  • The corporate identification number (CIN) of Saroraj Chit Funds Private Limited is U65991TN1995PTC030026 and the company number is 030026 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Saroraj Chit Funds Private Limited has risen by 13.11%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Saroraj Chit Funds Private Limited has experienced an upsurge of 14.64%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Saroraj Chit Funds Private Limited amount to ₹ 2.89 M.

  • The most recent Balance Sheet for Saroraj Chit Funds Private Limited was filed with the ROC on 31 Mar 2023.

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